Monday, September 28, 2020

WEEKEND INSIGHTS: Year-End Planning and Digital Transfer Pricing

Twitter: @tax
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Not to change the topic here:

Biden basket vs Trump trade: Picking a presidential stock portfolio | Reuters

Broadly speaking, analysts say Biden's plan to raise corporate taxes could pressure company earnings. But they expect him to support infrastructure projects and renewable energy.

A second Trump term, meanwhile, may bring more tax cuts and extend de-regulation that could benefit the energy and financial sectors, while risking continued tensions with China.

With the Senate majority also at stake, the election could allow one party to control the presidency and Congress, making it easier to enact legislation such as the additional fiscal stimulus currently being held up in a political standoff.

Publisher: U.S.
Date: 2020-09-28T05:07:04Z
Author: Lewis Krauskopf
Twitter: @Reuters
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Notable Women in Accounting 2020 | Crain's New York Business

Few qualities are more vital to the health of any business than financial equilibrium and organizational efficiency. Rarely has the value of both been more strongly felt than in recent months. From stress-tested balance sheets to fast-changing regulations, and reconfigured supply chains to "new normal" working arrangements, the Covid-19 pandemic has challenged even the strongest of businesses.

Standing tall within this chaotic breach are the foot soldiers of professional service firms, led by accountants and management consultants.

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Publisher: Crain's New York Business
Date: 2020-09-28T04:00:00-0400
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Remote work and income taxes - NH Business Review

More Americans than ever are working remotely due in large part to the Covid-19 pandemic, a trend which may continue indefinitely. This shift in the status quo has created an unprecedented tax dilemma for employers with multi-state workers as well as those employees who may now be considered multi-state workers.

New Hampshire and Massachusetts are currently engaged in a debate about imposing Massachusetts income tax on New Hampshire residents who are working remotely from their homes for Massachusetts-based companies.

Publisher: NH Business Review
Date: 2020-09-27T14:22:43 00:00
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This may worth something:

Associations Seek to Navigate UBIT and Virtual Tradeshows: Associations Now

Associations forced to transition in-person tradeshows to virtual events due to the ongoing COVID-19 pandemic are carefully consulting existing guidance from the Internal Revenue Service (IRS) regarding virtual exhibit revenue and unrelated business income tax (UBIT).

Longstanding congressional statute holds that revenue from traditional tradeshows is exempt from UBIT if certain conditions are met, such as being conducted in connection with an international, national, state, regional, or local convention and being designed to promote the industry's products or services. As the pandemic has dragged on this year, however, many of these traditional tradeshows have either been cancelled or converted to a virtual platform.

Publisher: Associations Now
Date: 2020-09-27T17:17:48-04:00
Twitter: @associationsnow
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Vast Chinese debt market requires big reforms | Financial Times

China’s rapidly expanding $15tn mainland bond market offers some tantalising prospects for pension funds and other institutional investors that have seen sources of income decline and disappear from their traditional hunting grounds in the US and Europe.

But a thicket of legal, regulatory, and trading risks lies ahead for international investors, according to the IMF, which has warned that the world’s second-largest fixed income pool requires sweeping reforms to raise standards.

Date: 2020-09-28T02:30:34.412Z
Author: Chris Flood
Twitter: @FinancialTimes
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European Commission to challenge Apple tax bill verdict - BBC News
Publisher: BBC News
Author: https www facebook com bbcnews
Twitter: @BBCWorld
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WEEKEND INSIGHTS: Arm's-Length Defense, Composite Return Fight
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